Sungold Capital Balance Sheet Health
Financial Health criteria checks 3/6
Sungold Capital has a total shareholder equity of ₹221.3M and total debt of ₹84.5M, which brings its debt-to-equity ratio to 38.2%. Its total assets and total liabilities are ₹309.5M and ₹88.2M respectively.
Key information
38.2%
Debt to equity ratio
₹84.47m
Debt
Interest coverage ratio | n/a |
Cash | ₹2.08m |
Equity | ₹221.25m |
Total liabilities | ₹88.25m |
Total assets | ₹309.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531433's short term assets (₹306.3M) exceed its short term liabilities (₹1.8M).
Long Term Liabilities: 531433's short term assets (₹306.3M) exceed its long term liabilities (₹86.4M).
Debt to Equity History and Analysis
Debt Level: 531433's net debt to equity ratio (37.2%) is considered satisfactory.
Reducing Debt: 531433's debt to equity ratio has increased from 0% to 38.2% over the past 5 years.
Debt Coverage: 531433's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 531433's interest payments on its debt are well covered by EBIT.